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Highest U.S. Marginal Tax Rate is Too Damn Low

With Tax Day just around the corner, it is a good time to put post-WWII top marginal tax rate into context. Many find it hard to believe that the top rate was 91% during the Eisenhower years. No, that didn’t mean that high earners paid a 91% tax on all…

With Tax Day just around the corner, it is a good time to put post-WWII top marginal tax rate into context. Many find it hard to believe that the top rate was 91% during the Eisenhower years. No, that didn’t mean that high earners paid a 91% tax on all of their income. Take the More

The post Highest U.S. Marginal Tax Rate is Too Damn Low appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Sylvia Allegretto.


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